Pumpfun draws attention with its new move: Token on the way!

Pumpfun, a memecoin generating platform operating on the Solana network, has aroused curiosity with its token move.

Solana-based memecoin generating platform PumpFun announced its new terminal and signaled an important announcement for the protocol in a space in X today.

The protocol team, which announced that Pump.fun “plans to launch a token in the future,” also announced “pump advanced,” a trading terminal with advanced features for power users.

Pump advanced’s main view includes charts, top statistics, advanced filters, live update topics, and other features designed to appeal to pump.fun’s heavy users. The site also allows users to use non-custodial wallets by logging in through the identity verification platform Privy.

In a statement on the X space, the team announced that the advanced platform will charge 0 percent fees for at least the first 30 days, with subsequent fees to be announced.

“We will make sure to reward our early adopters,” the Pump.fun team said about the token launch. “All the money we have earned so far is being invested back into the platform,” they added.

According to The Block’s data, Pump.fun’s daily revenue approached $1 million for a few days this month. The platform reached a cumulative fee of $100 million in late August and has recently gained traction due to the influence of popular memecoin Moo Deng.

As the memecoin trend continues, the platform’s revenue may continue to increase. However, a sharp decline in memecoins such as $PEPE , $DOGE , $SHIB , FLOKI, WIF, MODENG or NEIRO could push Pumpfun into the background.

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